Fxprotrader
Short

AUDJPY: Sell Opportunity in Two Scenarios

FX:AUDJPY   Australian Dollar / Japanese Yen
Price is testing is moving in a corrective structure, testing a slide parallel of a downslope median line . If price breaks below the correction it will signal a sell trade. Another scenario would be, price to move higher and test the upper parallel of the median line in addition with 0.618 fib level of previous impulsive move. In any case this is a very nice sell opportunity.

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Comment: Price broke below the corrective structure. Watch for a sell setup to complete. Some may have already shorted
Hi Fx do you think it will go that high this week?
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pip_hunter pip_hunter
Disregard that comment FX i was thinking it was Nzd/Jpy.
Thanks for your great work.
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Fxprotrader pip_hunter
Ok, mate no problem :)
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